AI-generated summary Treasury Secretary Scott Bessent stated that the U.S. and China should harbor no illusions as they cooperate to contain risks while competing in artificial intelligence. Bessent said the two governments established a dialogue mechanism on super intelligence to exchange best practices for testing advanced models and guard against shared risks.
AI-generated summary Beijing released a 2026 to 2028 industrial plan aiming for an annual production capacity of 200,000 embodied AI robots. The municipal policy sets application targets across industrial, service, and specialized deployments while establishing regional manufacturing goals.
AI-generated summary Quanta Computer reported that its third-quarter 2026 revenue more than doubled while operating profit fell sequentially from the prior quarter. Quanta attributed gross margin pressure to high materials costs for AI server systems and outlined plans for next-generation racks.
AI-generated summary OpenAI acquired the artificial intelligence travel planning startup Odessia, and founder Francis Davidson joined OpenAI to focus on the future of travel. The standalone Odessia service has closed following the acquisition, after tens of thousands of early adopters used the platform during summer 2026.
AI-generated summary OpenAI introduced Businesses in ChatGPT in beta on November 10, 2026, combining claimable profiles and conversational Business Agents. OpenAI says the service reaches 1.2 billion people each week, with the agents initially limited to eligible businesses in the United States.
AI-generated summary Taiwan Semiconductor Manufacturing said its board approved investing up to $500 million in Anthropic at its initial public offering price and up to $500 million in OpenAI preferred stock. The board meeting also approved about $40.93 billion in capital appropriations and raised the quarterly cash dividend to NT$9.0 a share.
AI-generated summary Microsoft has been lobbying the Trump administration to abandon plans to bar imports of Chinese optical transceivers used in AI data centers. Reuters reported that Microsoft and other industry groups argue a ban could slow data center construction and damage the U.S. edge over China in artificial intelligence.
AI-generated summary Investors are attempting to offload portfolios of loans at steep discounts amid growing concerns about the lifespan of hardware. Goldman Sachs and Apollo are currently marketing a forty billion dollar chip financing deal for SpaceX to Wall Street investors.
The top AI news in your email delivered each morning. Choose categories